16, MERLIN CLOSE, RUGBY, CV23 0WH - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 MERLIN CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £220,000 in August 2005, which was around 12% below the average August 2005 detached price in the Rugby local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

16 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 16 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 16 MERLIN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 3 AUG	£220,000	£249,392	12% below HPI
2005 3 MAY	£225,000	£245,537	8% below HPI
2002 24 MAY	£166,500	£174,954	5% below HPI

16 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three 16 MERLIN CLOSE sales between May 2002 and August 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2005 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 MERLIN CLOSE?

16 MERLIN CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 16 MERLIN CLOSE lies on this distribution: 50% of detached houses are smaller than 16 MERLIN CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Rugby.

16 MERLIN CLOSE: Plot and Title Map

16 MERLIN CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 16 MERLIN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 MERLIN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 MERLIN CLOSE?

16 MERLIN CLOSE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 16 on MERLIN CLOSE.